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20121003
Search Results 0 to 18 of about 19 (some duplicates have been removed)
PBS
Sep 28, 2012 6:30pm PDT
eurozone. >> they came to narrow the deficit next year to 3% of national output -- date came to narrow the deficit next year. >> among the measures -- a temporary 75% income tax on earnings over 1 million euros. business also faces cuts in tax breaks. the prime minister presented the 2013 budget. >> this is a budget for social justice. and it is a budget for growth. it prepares us for the future. it is a courageous and responsible budget. >> the package includes public spending cuts of 10 billion euros. france's economy is in a precarious position. second quarter gdp was stagnant, and unemployment has just talked 3 million -- topped 3 million. the government is aiming to make good on election promises while making sure austerity does not hit france into recession -- tip france into recession. >> spanish banks will need 59 billion euros to get back on their feet according to a new report commissioned by the spanish government. >> that will help take pressure off the prime minister, who is seeking to avoid a bailout. spain says they will ask for around 40 billion euros of the tota
KCSMMHZ
Oct 2, 2012 2:30pm PDT
deficits for this year. spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for shares in the coming months. our markets correspondent has more from frankfurt. >> the ipo is a sign of hope for many traders. they are hoping for more ipos to come. 20% of the german mobile phone operator will soon be sold on the stock market according to its parent company. of the ipo process is planned to start as early as this week. all of this is good news for people in the trading floors because ipos only work when there is a certain not of confidence on the markets. a certain amount of reliability. with all of these new players on the stock market, many people here are
KCSMMHZ
Sep 28, 2012 2:30pm PDT
on businesses and the country's wealthy as it seeks to cut the nation's budget deficit. >> in formula one, team mercedes is not going to renew michael schumacher's contract after the season is over. german chancellor angela merkel will have a formidable challenger when she seeks reelection next year. it has been announced that former finance minister peer steinbruck will be running to oppose her. >> is a sharp-witted and sharp- tongued opponent. his candidacy was announced earlier today in berlin. >> he is the spd star right now after the two other contenders made way for him. the parliamentary leader refused to run a second time, and party leader did not think he would attract enough votes, so steinbruck is said to compete against his onetime ally angela merkel for the chancellorship. >> i accept the challenge to take the spd to victory in the next election. that is our goal. we want to oust this government. >> steinbruck says he wants to head a social democrat green coalition. he has a degree in economics and is known for pragmatism and expertise in fiscal policy. he is regarded as
CSPAN
Sep 27, 2012 7:00am EDT
with the real problems, which are the debt, the deficit, the fundamentals of us spending too much, in time to reform has to be put in place as does tax reform. host: there was a story taking a look at the defense industry yesterday. guest: we are in a tight spot. there is a lot has been on the books since the 1980's that requires you give your employees notice, 60 days usually and 90 in the new york, if you're going to have massive layoffs. that is what is already taking place. we have massive defense cuts last summer when the budget control act went into place. $487 billion cut. a lot of that is now forcing companies to close facilities. to really pull back because there is no choice. host: a covers the situation, we do not even know what will happen yet and yet they are taking place. guest: it covers any situation where you have to do these massive layoffs. last summer congress already took a huge whack out of defense. now we are anticipating in january we will be in the same spot. companies have an obligation to their employees. they have a responsibility to their shareholders. if
CSPAN
Oct 1, 2012 7:00am EDT
. >> ross perot interviewed on the economy, the deficit, and debt, and how it has changed since he ran for president in 1992 and 1996. find the article in today's edition of usa today. ross perot tonight at c-span - at 9:00 eastern on c-span. >> we underestimate how much we forget. particularly if we have a fragmentary idea, a fleeting sense of something interesting that then disappears. one of the things i try to do is not just to write everything down but to keep everything together. don't overorganize your notes. don't put them in folders and things like that, because you want to allow collisions to happen between your ideas. the important thing is to go back can be read all your notes, from six years ago and revisit that passed self and all the ideas he or she had. that is what it was like for most of the great minds of the enlightenment. they would put together passages from the books they read that they were inspired by and they would write their own notes and then they would go back and read this book that was a kind of clipping of all these other ideas and their intellectual selves
CSPAN
Sep 30, 2012 7:00am EDT
deficit exceed $16 trillion. his article will appear tomorrow in usa today. we will show you an excerpt in just a moment. first some context to ross perot. when he ran as a third-party, he talked about the growing debt. \ [video clip] >> the world of a unlamented opportunity. what what they say to us if they knew by the year 2000 we will have left them with a national debt of $8 trillion? what would they say if they knew we make them the first generation of americans with a standard of living below the generation below them? we cannot do this to our children. in this election we have the opportunity to choose a candidate not a career politician, but a proven business leader with the ability to take on the tasks at hand. to balance the budget, to expand the tax base, to give our children back the american dream. the candidate is ross perot. the issue is our children. the choice is yours. host: from 1992 when he ran his first of two independent bids for the white house, falling short in 1992 and 1996. one viewer says we need to listen to all points of view. we need third parties. one ques
CSPAN
Sep 25, 2012 7:00am EDT
-- fairly good deal and bargain and certainly not the cause of our budget deficit. host: one more question from twitter. what social changes would you recommend for the security council, i would recommend indefinite veto powers. guest: the difficulty is as secretary hul statel in 1944 when of setting up the united nations, the united states would not stay in the united nations for a second about the veto power in the security council. it is the price of having great powers to agree to a universal body and be an organ for international peace and security. they have to defend their fundamental interest. it is simply the price. i do think that tweaking the membership of the security council to reflect the rise of a number of large powers is something that the security council is finally going to have to get serious about. permanent membership has not changed since 1945. big countries, particularly india but also brazil and others, remain outside. that is not an indefinite glidepath we can live with. host: thank you for your time. guest: thank you, greta. host: we will sit switch topi
CSPAN
Sep 29, 2012 7:00am EDT
, the deficit, and the debt, and how it's changed since mr. perot ran for president in 1992 and 1996. this will be monday night on c-span and c-span radio at 9:00 p.m. eastern time, and you'll be able to find richard wolfe's article in the "usa today" on monday and usatoday.com. this is a little bit of what mr. perot had to say in his interview with richard wolfe of "usa today." >> if i told you i don't want to dig out of my debt problem until i go broke, you'd say, what are talking about? that's what you just said. but in very polished terms, recession. you're not going to pay your debt if you don't have the money. and if things are going downhill and you're running your debt up, you make it next to impossible to pay your debt, and we've got to put the brakes on now and do this now and start to get it done. it can be done if we in the house and senate and white house have the will, and certainly they should have the full support of the american people to get it done. host: we're talking about one-party versus divided government for about the next 15 minutes of the "washington journa
CSPAN
Oct 2, 2012 7:00am EDT
, the deficit, all of that -- what will be replayed on line, on cable television, on the broadcast networks, are a couple of 20-second exchanges. there tend to be these moments of body language. the mitt romney camp, somebody said daywork and projecting personal warmth. a lot of this is not just looking at the transcript, -- said they would it be projecting personal want. a lot of this is not just looking at the transcript, but how people react to them as potential visitors in their living room for the next four years. do can join the conversation. terrapin numbers to call -- host: you can join the conversation. here are the numbers to call let's hear from katharine in ohio. caller: i have two questions. i want answers from romney, not rhetoric. you can take all the time you need and answer questions. the republicans have been looking for a voter fraud, and now we have found it, it is in your camp, and what are you, republicans, going to do about it? you are so hot to put democrats under the boss. let's see if you will throw your own people under the bust. i understand that for eac
CSPAN
Oct 3, 2012 7:00am EDT
approaches to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing the budget and approaching resolving the debt crisis. the wars have absolutely little to do with it and it is disturbing. anyone can look at a history book and know that you raise taxes during a time of war. host: byron, cleveland, good morning. caller: known as socialist, george soros, recently contributed to the democratic party campaign. i would like to know if president obama or michelle obama, his wife, have ever been currently members of a communist or socialist party, u.s.a.. thank you. host: ann, democratic line. caller: hello. host: go ahead. caller: i would ask mitt romney why he says he is for the middle-class and wh
FOX News
Sep 29, 2012 11:00pm EDT
kasich. just call him the 10% president. that is what he spiax responsibility for the deficit and libya is still raising more questions for the white house. it could have been stopped? >> paul: welcome to the journal editorial report. i'm paul gigot. you'll eyes were on ohio this week as they both hit the buckeye state hard. hoping to put 18 electoral votes in their col >> paul: politics poll real lot of attention to polls because it depends on what they take and the sample. these guys have been in ohio and they should start paying income tax. this thing is as close can be they both wouldn't be here. i expect this to go down to the wire. we are always a swing state. it will be very close. >> paul: so the democrats are saying one of big things that is helping the spent the auto bailout. is that how you lead to to help the president? >> look, we're up 123,000 jobs over the last year and three-quarters. we're actually according to the bureau of labor statistics down 500 jobs, auto jobs in ohio. the situation. chrysler has expanded and ford and gm have shrunk their footprint but we stabiliz
FOX News
Sep 29, 2012 2:00pm EDT
is what the president had to say. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the biggest deficit in american history? >> it wasn't the biggest and he didn't inherit it. world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion spendi
NBC
Sep 30, 2012 2:30am EDT
problem of deep recession and deficits by more austerity when the economy is this weak. i think europe has a big problem. but for u.s. toward we should take it with a grain of salt. europe is slow, but we don't export that much to europe. our financial system looks very strong. i think u.s. consumer confidence at this stage is somewhat resilient to the stories. it is a bigger story for the europe than the united states. >> in the united states we have a different set of worries we are seeing warnings from big american companies about their future earnings. we ended the third quarter and already we heard from fedex, caterpillar, big global companies that are citing europe. caterpillar is citing china, as well. what are you expecting out of the earnings period that we will see in the next couple of weeks? >> there is a slow down in the global economy. off recession in europe and a slowdown in china which is more significant than the chinese gdp numbers suggest. that is rippling to countries like korea, taiwan and japan. that is affecting the global economy. big global companies are hurt by t
Search Results 0 to 18 of about 19 (some duplicates have been removed)